Finance

EU, IMF order COCOBOD to stop road projects

COCOBOD initiated the Cocoa Road Programme to address transport challenges for agro-input delivery to cocoa farmers and to facilitate cocoa bean evacuation.

CEO Joseph Boahen Aidoo stated at the 50th Anniversary Celebration symposium of the Cocoa Clinic that this policy shift stems from negotiations with the European Union and the International Monetary Fund (IMF).

Both entities, he said, questioned COCOBOD’s involvement in road construction, urging a focus on core functions.

“The EU sent a team last year to do due diligence on sustainable production and when they came, they wanted to know why COCOBOD was involved in cocoa roads construction because it is not a core business of COCOBOD, and they insisted that we take that venture out of our equation; and, of course, the IMF is also saying the same thing”.

“They say that we can continue with what we are currently constructing and not start new ones”, Mr Boahen said.

He also outlined plans for establishing healthcare centres in cocoa-growing communities to enhance medical accessibility for farmers, citing instances of arduous journeys for healthcare as a driving factor.

“I have had the experience where a woman, who was in labour and couldn’t deliver, had to be carried in a hammock and travelled over 28 kilometres and couldn’t survive.

“And, when we look at the countryside to see how our cocoa farmers struggle to access health delivery, you will be touched to do something; and that is why, as an institution, it is important to bring health services and facilities as closer to these farmers as possible”.

 

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Source: classfmonline.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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